23, CLEEVELANDS DRIVE, CHELTENHAM, GL50 4QD - £347,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 CLEEVELANDS DRIVE is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £428,039. It was last sold for £347,000 in November 2018, which was around 34% above the average November 2018 terraced price in the Cheltenham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

23 CLEEVELANDS DRIVE Sold Prices

Land registry data shows three sales for 23 CLEEVELANDS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cheltenham local authority area for the corresponding sale date. All of the three 23 CLEEVELANDS DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 29 NOV	£347,000	£259,627	34% above HPI
2011 8 DEC	£235,000	£178,612	32% above HPI
1997 23 MAY	£85,000	£55,644	53% above HPI

23 CLEEVELANDS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheltenham local authority area over time, sourced from the HPI. The three 23 CLEEVELANDS DRIVE sales between May 1997 and November 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2011 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2018 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 23 CLEEVELANDS DRIVE be worth now?

23 CLEEVELANDS DRIVE might now be worth an estimated £428,039.

This is based on house price inflation of 23.4%, between November 2018 and June 2025, for terraced houses, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 23 CLEEVELANDS DRIVE of £347,000 on 29th November 2018. For the value to have increased from £347,000 to £428,039 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 23 CLEEVELANDS DRIVE has moved in line with the HPI for terraced houses in the Cheltenham local authority area.
• The November 2018 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CLEEVELANDS DRIVE has not materially changed since November 2018.

How Large is 23 CLEEVELANDS DRIVE?

23 CLEEVELANDS DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of terraced houses houses in Cheltenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cheltenham, and where 23 CLEEVELANDS DRIVE lies on this distribution: 14% of terraced houses houses are smaller than 23 CLEEVELANDS DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

23 CLEEVELANDS DRIVE: Plot and Title Map

23 CLEEVELANDS DRIVE sits on a plot of roughly 2.1 acres, or 8,404m². The below map shows the location of 23 CLEEVELANDS DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 CLEEVELANDS DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 CLEEVELANDS DRIVE?

23 CLEEVELANDS DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 23 on CLEEVELANDS DRIVE.